Orbital Energy Group Inc(OEG) is a stock of interest due to the large impact the company has on the market. Here at Wall Street Facts we only cover the best stocks so make sure you check out our other articles. Today we will be diving deep into all of the essential information you need to know about OEG. We will be studying the movement so you can make the best decision as an investor.
First, here is information about the company and how it functions: Orbital Energy Group, Inc. engages in the acquisition, development, and commercialization of electro-mechanical products and technologies worldwide. It operates through the Energy and Other segments. The Energy segment focuses on the operations of Orbital Gas Systems Ltd. and Orbital Gas Systems, North America, Inc. which includes gas related test and measurement systems, including the GasPT. The Other segment represents the remaining activities of the company. The company was founded in 1989 and is headquartered in Houston, TX.
The stock has moved downwards today by 3.11%. The high for today is 6.22 and today’s low is 5.83. This information is critical in deciding whether this investment is risky or not. We can see the stock is trending downwards, which means the volume of people selling this stock is greater than people buying it. Next we will be going over the forecast.
As an investor, you can get an idea where the stock is trending by the forecast. In this case the high forecast for Orbital Energy Group Inc is $17.00 and the low forecast is $15.00. We can get a look into the future by looking at past trends. Looking at Orbital Energy Group Inc’s 5 year movement it seems it has fallen 27.52%. Overall, Orbital Energy Group Inc is in great shape going forward. They have a strong market cap of $273.33M and a very bright future ahead fo them.